LTD FX Review – Why Ltd-fx.com Is A Big Liar?

Let’s Start With the Main Thing – Ltd FX Is on Several Blacklists

LTD FX claims it is registered in Canada and the UK. These are the two most strict jurisdictions and financial hubs. A broker must be licensed by the Canadian FCAC and British FCA to legally offer services in these markets.

This means that a brokerage company cannot be licensed by these top-level financial regulators and blacklisted or blacklisted in any other financial authority – in this instance CONSOB and CNMV. Apart from this, the FCA/FCAC registers do not contain any information about LTD FX. It is unlicensed and therefore cannot be trusted with money.

LTD FX is a member of BestProducts and operates from an unidentified location. Although it is registered in Canada and the UK, it does not have the required permits. It is therefore blacklisted by CONSOB, CNMV, and offers unprofessional services – a sign to avoid it.

Location Marshall Islands: You can ignore this address when searching for actual platform operators as they won’t be there. Ajeltake, a small town in Majuro Atoll on the Pacific Ocean, has less than 2,000 residents. It sounds more like an exotic paradise than a place to build a broker empire, such as Ltd-Fx. It is. This place is actually a letterbox company. This is a bad sign, especially since the name address is frequently linked to fraudulent platforms and even the Panama Papers.

LTD FX: Accounts, Deposit and Withdrawal Fee

There are many options when it comes to trading accounts with LTD FX.

LTD FX has manipulated terms to tempt you. The first is that every deposit comes with generous bonuses, which can range from 30-100%. They are subject to certain conditions and cannot be withdrawn. They are therefore banned in most jurisdictions due to misuse.

There is also leverage of 1:200 up to 1:500. It is limited to 1:30 in the UK/EU, and 1:50 for US retail traders. More violations of the rules can result in LTD FX being evaded.

This bogus broker supports a variety of payment methods, including wire transfers, credit and debit cards, electronic wallets, and wire transfers. These are convenient and safe payment methods, but LTD FX is skeptical about their availability. Since they are hard to chargeback, it is more likely that the fraudster accepts only crypto wallets.

This financial fraudster charges 50 USD for bank transactions and 25 USD plus a $10 processing fee for credit cards. Digital wallets are 25 USD. Payoffs from unverified accounts or accounts that have not reached 200 turnovers are subject to a 10% charge. For bank transfers, the minimum withdrawal amount is 250 USD and credit cards 100 USD.

What Do Other Traders Say About This Broker?

If you investigate and read the reviews of traders on independent forex forums, you will notice that many tell about the theft from the broker. Here is one of the victims:

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

LTD FX Service

Despite the many baseless claims made by this broker, it’s not authorized to provide services on any market. According to its website, and the alleged offices in Canada and the UK, it is clear that this broker is primarily focused on North American and European markets. These jurisdictions are extremely regulated. Brokers must not only be licensed but must also provide services that comply with legislation and standards.

Always choose FCA-licensed brokers if you need a broker based in the UK.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – Buoystocks, Financial Gates, BinBot Pro.

LTD FX tries to win your trust by lying about its award-winning brokerage services. According to its website, LTD FX offers the following prizes: Best CFD broker, best trading experience and best execution broker.

Remember that an exposed broker scam cannot be awarded any awards. These self-proclaimed appreciations can only be part of the dirty tricks it uses to get you into trading.

LTD FX: Video

Below you will find a short video about LTD FX. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about LTD FX!